ABHI US Accelerator Receives Record Number of Applications

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The American accelerator of the Association of British HealthTech Industries (ABHI) has received a record number of applications for its 2022 cohort and has therefore broadened its offering to accommodate more companies in the program.

Initially, the ABHI had planned to accept 30 companies into the cohort, but due to an incredibly high interest, it has expanded its admission to 40 places, which includes a diverse mix of companies in medical device, diagnostics and digital health, many of which are long-standing. permanent members of the program, and a host of new entrants.

With the program starting in January, US accelerator ABHI is supporting UK healthcare technology companies looking to enter and grow in the US healthcare market. Over the next 12 months, ABHI will work with businesses to provide tailor-made support to identify and fill gaps in needs and set individual goals to support business growth. Companies will also benefit from access to an extensive network of market experts.

Paul Benton, Managing Director, International, said: “Since its inception in 2017, the US accelerator ABHI has led to multiple international research collaborations and new business generated for UK industry. Offering nationwide support and leveraging the relationships and connections established across the United States, we are particularly excited about how the program has expanded, and with the resumption of international travel, we are confident 2022 will deliver a fantastic return on investment for participating companies. “

Companies participating in the program will benefit from exclusive week-long trade missions to the United States, which will provide them with privileged opportunities to engage with key stakeholders for their business objectives. These missions will see a series of meetings with top executives, clinicians and world-class hospital systems supply teams, giving them the opportunity to present proven UK healthcare technologies to new customers.

X-Lab’s Global Business Development Director, who participates in the program, Steve Box said, “Through contacts with the US Accelerator, we have been connected to a scale-up program in Los Angeles, where we were able to find an excellent consultant. who actually became our vice president of business development in the United States, and we now have a verbal agreement that two American lab organizations will be our pilot sites in the United States. “

Places for the ABHI US Accelerator 2022 cohort are closed, but the waitlist for the 2023 class is now open. For more information and to discuss the opportunity, contact lottie.mcmahon@abhi.org.uk.


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